HomeMy WebLinkAbout1956-001RESOLUTION
WHEREAS, the Board of Public Instruction of Indian River County,
Florida, did, on the 10th day of November, 1955, adopt a Resolution:
Requesting Approval by the State Superintendent of Public
Instruction of the Proposal of the Boaz -d of Public Instruction
of Indian River County, Florida, a Body corporate, for and
on behalf of Special Tax School District No. 1, of said County,
to issue Bonds in the amount of $1, 659, 000. 00, for the purpose
of raising funds with which to construct new improvements and
additions to the Public SC11001 Plants and Public School System
of Indian River County, Florida, and to equip same,
and,
WHEREAS, the Board of Public Instruction of Indian River County,
Florida, did, on the i5th day of November, 1955, by Resolution call a
special election to be held in Special Tax School District No. 1, of Indian
River County, Florida, on the 20th day of December, 1955, to vote on the
question of:
Shall Special Tax School District No. 1, of Indian River County,
Florida, issue bonds in the aggregate principal amount of not
exceeding $1, 659, 000. 00, bearing interest, payable semi-annually,
at such rate or rates, not exceeding the legal rate, as shall be
determined at the time of the sale thereof, and maturing, serially
in annual installments over a period of not to exceed twenty years
from the date of said bonds, for the purpose of financing the cost
of acquiring, building, enlarging, furnishing or otherwise im-
proving buildings or school grounds, as more specifically des-
cribed and provided in the resolution of the Board of Public In-
struction of Indian River County, Florida, adopted on the 10th dzjy
of November, 1955,
find,
WHEREAS, pursuant to said Resolutions, a special election was field
in Special Tax School District No. I, Indian River County, P'lori da, on
December 20, 1955, to vote upon said Issue; and,
WHEREAS, the Supervisor of Registration of Indian River County,
Florida, has certified to the Board of County Commissioners of Indian River
County, Florida, the names of all registered freeholders within said District
and County qualified to vote in said election; and,
WHEREAS, the votes cast In said election have been returned,
tallied and canvassed; and,
WHEREAS, the results of the canvass of said election have been
certified to this Board by the Board of Public Instruction of Indian River
County, Florida; NOW THEREFORE,
BE IT RESOLVED, that it is hereby determined by the Board of County
Commissioners of Indian River County, Ulorida, that the total number of
qualified electors, being registered freeholders residing in Special 'Fax
School District No. 1, Indian River County, Florida, qualified to participate
In said special election, was - 4, 705 qualified electors; and,
BE ITFURTHER RESOLVED, that the total number of votes cast in
said election in favor of the approval of the bonds, the issue in said election,
was 2, 723 , and the total number of votes cast in said election against
the approval of said bonds, the issue of said election, was 207 and,
the total number of spoiled ballots cast in said election was lb and,
BE IT FURTHER RESOLVED, that a majority of the freeholders who
are qualified electors residing in Special Tax School District No. 1, Indian
River County, Viorida, participated in said special election and a majority
of the votes cast in said special election were cast in favor of approving the
Issuance of said bonds.